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Companies9to5Mac1:22 AM

Why it mattersApple says a component crisis is cutting profits and will keep constraining supply, a consequence beyond routine quarterly results.

AITechCrunch1:22 AM

StorylinesAnthropic's Cloud Partnerships and Nasdaq IPO Filing6 updates

Why it mattersIn a revised S-1A, Anthropic says it may 'imminently' meet its own definition of dramatically AI-accelerated progress (recursive self-improvement), admits it has missed such accelerations before, and is weighing policy changes to keep humans in control.

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Companiesvia 9to5MacToday · 1:22 AMUpdated 02:21Added Services and Wearables figures, net income, and supply constraint warning

Apple Q4 Revenue: iPhone Up 17% to $57.58B, Mac Up 24% to $10.8B

Audio brief

What happened

Apple reported record September-quarter results, with revenue of $114.5 billion, up 12% from a year earlier. iPhone revenue rose 17% to about $57.5 billion, helped by roughly two weeks of iPhone 18 Pro and Pro Max sales, while Mac revenue climbed to $10.8 billion.

Why it matters

The results show strength in Apple's core hardware before its newest products have contributed.

In detail

Macworld put Mac growth at 25%, while 9to5Mac cited 24%.

For fiscal 2026, Apple reported revenue of $479 billion and net income of $132 billion, and CEO John Ternus called it the company's best fiscal year ever.

The quarter did not include the iPhone Duo, which went on sale October 16 and which Apple calls the most transformational iPhone since the original.

Ternus said Apple has never sold more Macs in a fiscal year, crediting the M6 Mac mini and M5 Ultra Mac Studio.

Services topped $30 billion for the first time, reaching $31.6 billion, up 9.8%, and totaled $123 billion for the year, up 13%.

CFO Kevan Parekh said Apple generated $28 billion in operating cash flow, returned $28 billion to shareholders, and reached an all-time high in its installed base of active devices, meaning products customers are currently using, across all major product categories and geographic segments.

Not every category grew. iPad revenue fell 11%, and Wearables, Home and Accessories dropped 7.9% to $8.3 billion despite new Apple Watch models; for the year that segment was down 0.3% at $35.6 billion. Apple said profit would have been higher without a component shortage, and that supply constraints will affect coming quarters. Heading into the holidays, the company is promoting new home hardware, Touch on Mac for the first time, and an all-new Siri AI, while Macworld expects the M6 iMac and MacBook Pro to arrive in the holiday quarter and notes Apple is offering iPhone Duo replacements after widespread hinge issues. Apple scheduled a 5 p.m. ET call to discuss results and its fiscal 2027 outlook.

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Apple Q4 Revenue: iPhone Up 17% to $57.58B, Mac Up 24% to $10.8B

Audio brief

What happened

Why it matters

The results show strength in Apple's core hardware before its newest products have contributed.

In detail

Macworld put Mac growth at 25%, while 9to5Mac cited 24%.

For fiscal 2026, Apple reported revenue of $479 billion and net income of $132 billion, and CEO John Ternus called it the company's best fiscal year ever.

The quarter did not include the iPhone Duo, which went on sale October 16 and which Apple calls the most transformational iPhone since the original.

Ternus said Apple has never sold more Macs in a fiscal year, crediting the M6 Mac mini and M5 Ultra Mac Studio.

Services topped $30 billion for the first time, reaching $31.6 billion, up 9.8%, and totaled $123 billion for the year, up 13%.

Get stories like this every morning.

Importance90out of 100High importance

An automated editorial system rates every story from 0 to 100 for its significance. Only stories above a strict threshold are published; the higher the score, the greater the importance.

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Apple Q4 Revenue: iPhone Up 17% to $57.58B, Mac Up 24% to $10.8B

Anthropic warns it's very close to RSI capability, aka self-building AI

The day's important stories, every morning

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Apple Q4 Revenue: iPhone Up 17% to $57.58B, Mac Up 24% to $10.8B

Anthropic warns it's very close to RSI capability, aka self-building AI

The day's important stories, every morning